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washington or the private economy? >> well, i think, actually if you look at a couple of indicators, it's not good for at least the first half of 2013. one is business investment. business investment is now weaker than in 2008. and on top, so you have lots of companies sitting on their hands and you also have small business confidence taking a huge hit in november, which is very worrying. and person per capita, person income. >> it's still down from even at the start of this recovery. steve, you wanted to get in there? >> yeah, let me be the bull here for a minute. we talk auld time about the energy sector and it's not just the energy sector, we've had a mini renaissance in manufacturing in this country, in transportation because of the fact the energy prices are falling and makes the american much more competitive at the margin. i think 2013 is going to see continued declines in energy prices. that's like a tax cut for the american consumer, paul. >> but, paul, the thing we haven't mentioned here is unemployment. we'v
washington or the private economy? >> well, i think, actually if you look at a couple of indicators, it's not good for at least the first half of 2013. one is business investment. business investment is now weaker than in 2008. and on top, so you have lots of companies sitting on their hands and you also have small business confidence taking a huge hit in november, which is very worrying. and person per capita, person income. >> it's still down from even at the start of this...
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find out how some states are bucking the washington trend next. >>> washington may have made a big left turn this year, but in states across the country, another kind of reform is in the air. we begin in mech mitch which this month -- in michigan which was the 24th right to work state. we are back with jason riley and kim strossel and senior economic writer steve moore also joins the panel. steve, this is really an interesting story that i don't think gets of attention. the reforms taking place across the country in a>> lot of states. who are the stars you are looking at? >> i entirely agree with your premise, paul. if you talk about the demise of the republicans on the national level, we are not really seeing that on the state level. 30 republican governors today in america. the republicans actually picked up a governorship in north carolina. so the south now is almost entirely republican whereas justen 25 years ago it was pretty entirely democratic. it is not just the south. states like utah and idaho and others. >> what are they doing with that power? that's the interesting thing. >>
find out how some states are bucking the washington trend next. >>> washington may have made a big left turn this year, but in states across the country, another kind of reform is in the air. we begin in mech mitch which this month -- in michigan which was the 24th right to work state. we are back with jason riley and kim strossel and senior economic writer steve moore also joins the panel. steve, this is really an interesting story that i don't think gets of attention. the reforms...
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dionne of the brookings institution, georgetown university and the washington post. happnew ar tall of you that's our program for now. i'm bob abernethy. you can follow us on twitter and facebook and watch us anytime on the pbs app for iphones and ipads. there's always much more on our website as well. you can comment on all our stories and share them. audio and video podcasts are also available. join us at pbs.org. as we leave you, music from the choir of trinity church wall street, in new york. ♪ additional funding also provided by mutual of america. designing customized individual and group retirement products. that's why we're your retirement company. the jane henson foundation and the corporation for public broadcasting.
dionne of the brookings institution, georgetown university and the washington post. happnew ar tall of you that's our program for now. i'm bob abernethy. you can follow us on twitter and facebook and watch us anytime on the pbs app for iphones and ipads. there's always much more on our website as well. you can comment on all our stories and share them. audio and video podcasts are also available. join us at pbs.org. as we leave you, music from the choir of trinity church wall street, in new...
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"the washington times." will go to the democrat line, charles from texas. caller: first, i have a question. this morning when i was watching the news, did i understand that congress is getting a raise next year? host: we will have a story on that later. caller: i think they should lead by example. they need to take a pay cut if we are taking pay cuts. we need to stop foreign aid all the way around. host: will that be enough to solve the debt problem? caller: know, there needs to be tax increases and spending cuts, but i do not think it has to come out of social security and medicare and medicaid. i think foreign aid and whistle spending, and i also think -- wasteful spending, and i also think that tax breaks are an entitlement because nobody gets them equally. host: i want to go from mike -- go to mike from the independent line. caller: i would like to say that this fiscal cliff is a charade. it is promoted by the media. it has nothing to do with fixing our economy. the president has had an opportunity to go
"the washington times." will go to the democrat line, charles from texas. caller: first, i have a question. this morning when i was watching the news, did i understand that congress is getting a raise next year? host: we will have a story on that later. caller: i think they should lead by example. they need to take a pay cut if we are taking pay cuts. we need to stop foreign aid all the way around. host: will that be enough to solve the debt problem? caller: know, there needs to be...
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and peter jaszi professor of copyright law from the washington end college of law and is also an author and although he would not want me to was recently given the great honor by his colleagues to have a lecture named after him. congratulations. [applause] our topic is "copyright and the book" a very small topic. i want to reflect on the title because "copyright and the book" at its core is about the public interest with authors and publishers as part of the public interest. i would underscore that because sometimes in political circles it is brought up were authors and publishers are empathetic call or in the competition with the public that is not the foundational history at all. you will have a discussion how it brings together all of those in respect to copyright law to serve the readers in the valley with publishers and freedom of expression. we will talk about how changes in the book industry in methods of dissemination and consumer expectation show the need for legal change. people talk about copyright reform and they mean different things but from my perspective on behalf of the
and peter jaszi professor of copyright law from the washington end college of law and is also an author and although he would not want me to was recently given the great honor by his colleagues to have a lecture named after him. congratulations. [applause] our topic is "copyright and the book" a very small topic. i want to reflect on the title because "copyright and the book" at its core is about the public interest with authors and publishers as part of the public interest....
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the clerk: washington, d.c., december 30, 2012. to the senate: under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable michael f. bennet, a senator from the state of colorado, to perform the duties of the chair. signed: patrick j. leahy, president pro tempore. the presiding officer: the majority leader. mr. reid: there will be an hour of debate on the galante nomination. at 2:00 p.m. there will be two roll call votes on confirmations of the nomination of carol greant to be assistant secretary at h.u.d. following those he votes thrib there will be a recess to allow for caucus meetings and the majority's meeting will begin at 3:00 today. would the chair announce the business of the day. the presiding officer: under the previous order, the leadership time is reserved. under the previous order, the senate will proceed to executive session to consider the following nominations which the clerk will report. the clerk: nominations, department of housing and urban development, carol j
the clerk: washington, d.c., december 30, 2012. to the senate: under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable michael f. bennet, a senator from the state of colorado, to perform the duties of the chair. signed: patrick j. leahy, president pro tempore. the presiding officer: the majority leader. mr. reid: there will be an hour of debate on the galante nomination. at 2:00 p.m. there will be two roll call votes on confirmations of...
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finances led "the washington post" editorial beard to conclude, "right now the critics are starting to look pretty pressing. government support foreclosure ssessive borrowing has turned into a national nightmare." the f.h. e.a.s. capital reserve is still well below the level determined by congress to be the bare minimum to cover f.h. e.a.s. future losses. even though f.h.a. narrowly avoided a bailout this year, dangers remain in the years ahead due to its over $1 trillion, mr. president, exposure to risky loans and precarious economic conditions. most of the f.h.a.'s recent actions have only concealed these dangers. for example, instied of adequately raising insurance premiums over the life of the loan, f.h.a. has measured -- has increased upfront premiums to simile cover losses in the short term. loss, upfront premiums can be rolled into the mart balance therefore decreasing equity for borrowers o increasing the upfront premiums could make f.h.a. loans even riskier for both the borrower and the taxpayer who stands behind the mortgage. i believe it's time to face the reality that the f
finances led "the washington post" editorial beard to conclude, "right now the critics are starting to look pretty pressing. government support foreclosure ssessive borrowing has turned into a national nightmare." the f.h. e.a.s. capital reserve is still well below the level determined by congress to be the bare minimum to cover f.h. e.a.s. future losses. even though f.h.a. narrowly avoided a bailout this year, dangers remain in the years ahead due to its over $1 trillion,...
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remarkably however in the last week, suddenly regulations are pouring out of the bureaucrats in washington and hundreds of pages of them. but the bottom line is as you know having been a governor yourself that states that have to balance their budget such as the state of gorming george, we are struggling in this downturned economy to meet the obligations that we already have with regard to health care, particularly with regard to medicaid. to have an unknown cost factor thrust upon us is something that would be irresponsible in my opinion for us to assume. >> and that is the point they don't understand about medicaid. they said we will take care of your expenses and setting up the exchange and making the massive medicaid expansion. but the states have to pay a portion. and even if the feds are picking it up for year three and beyond, you will be in for literally billions of dollars of new obligations for funding, aren't you? >> exactly. we have estimated it anywhere from two and a half to four and a half billion dollars over a 10-year period. and we don't have any extra money like that lyi
remarkably however in the last week, suddenly regulations are pouring out of the bureaucrats in washington and hundreds of pages of them. but the bottom line is as you know having been a governor yourself that states that have to balance their budget such as the state of gorming george, we are struggling in this downturned economy to meet the obligations that we already have with regard to health care, particularly with regard to medicaid. to have an unknown cost factor thrust upon us is...
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in washington, um, in washington -- washington had about 30,000 people then as a city, 12,000 of them were black. the majority of the black people in washington actually in 1830 were free, were not slaves out of the 12,000 black people, slightly more than half were free. >> what led to washington, d.c.'s first race riots in 1835, and what part did francis scott key play? jefferson morley recounts this almost forgotten chapter in american history in "snowstorm in august," monday night at 10 eastern part of c-span2's booktv. >> washington post correspondent and author rajiv command chandr. his newest book "the little america." mr. chandrasekaran, when you talk about little america, what are you talking about? >> guest: i'm talking about this remarkable community that the americans built in the deserts of southern afghanistan not in the last couple years, but six decades ago. back when, unknown to most of our countrymen, there were dozens and dozens of american engineers there back in the '40s and '50s digging irrigation canals, building dams, helping to nation build in afghanistan. on t
in washington, um, in washington -- washington had about 30,000 people then as a city, 12,000 of them were black. the majority of the black people in washington actually in 1830 were free, were not slaves out of the 12,000 black people, slightly more than half were free. >> what led to washington, d.c.'s first race riots in 1835, and what part did francis scott key play? jefferson morley recounts this almost forgotten chapter in american history in "snowstorm in august," monday...
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senate negotiators in washington are working through the weekend to try to come up with an agreement on proposed budget cuts and tax increases. any deal they reach must then be voted on by the full house. the deadline is midnight tomorrow. the 23-year-old woman who died after a vicious gang rape on a bus in new dehli was cremated today in a private ceremony. hours after her death yesterday another young woman was reportedly molested on a bus there. angry demonstrations throughout india have been demanding better protection for women. prosecutors say the woman they've charged with pushing a man to his death in front of a new york city subway train on thursday told them she did so because she hates hindus and muslims. her victim was an immigrant from india. doctors in houston report former president george h.w. bush's condition is improving and that he is no longer in intensive care. mr. bush has been hospitalized since last month with a bronchitis-related cough. this week marks the 150th anniversary of the emancipation proclamation, the document deciding that all slaves were to be for
senate negotiators in washington are working through the weekend to try to come up with an agreement on proposed budget cuts and tax increases. any deal they reach must then be voted on by the full house. the deadline is midnight tomorrow. the 23-year-old woman who died after a vicious gang rape on a bus in new dehli was cremated today in a private ceremony. hours after her death yesterday another young woman was reportedly molested on a bus there. angry demonstrations throughout india have...
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"changes -- this is from "the washington journal." "many of these are expected to revert to clinton era levels." >> starting out the sunday shows, president obama with an interview on "meet the press." and their efforts in congress. here is what he had to say. [video clip] >> i am confident that we will see an agreement in the next 48 hours. if that does not happen, democrats in the senate will put a bill on the floor of the senate and republicans will have to decide whether or not they will block it, meaning that middle-class taxes go up. i do not think that they would want to do that, politically, but they may wind up doing that. if all else fails so that taxes go up on middle-class families on january 1, we will come back with a new congress on the fourth and the first bill on the floor will be to cut taxes on middle-class families. i do not think that the average person is one to say -- gosh, that is a really partisan agenda on the part of the president or democrats in congress. people will say -- that makes sense, that is what th
"changes -- this is from "the washington journal." "many of these are expected to revert to clinton era levels." >> starting out the sunday shows, president obama with an interview on "meet the press." and their efforts in congress. here is what he had to say. [video clip] >> i am confident that we will see an agreement in the next 48 hours. if that does not happen, democrats in the senate will put a bill on the floor of the senate and republicans...